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- 145. STR Reports Global Hotel Performance for February 2013
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics in February 2013 when reported in U.S. dollars. In February, the Asia Pacific region's occupancy ended the month with an 8.1% decrease to 62.5%, its ADR increased 3.5% to US$135.50 and RevPAR was down 4.8% to US$84.76.
- 146. STR Reports Asia Pacific Hotel Results for December 2014
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during December 2014 when reported in U.S. dollars. The regionís occupancy for December grew 0.7% to 67.0%; ADR dropped 5.3% to US$114.13; and RevPAR decreased 4.7% to US$76.52.
- 147. STR Reports Global Hotels Performance for November 2011
According to data compiled by STR Global, hotels in the Asia Pacific region experienced positive results in the three key performance metrics during November 2011 when reported in U.S. dollars. In year-on-year measurements, the Asia Pacific region's occupancy increased 2.1% to 71.9%, its ADR increased 4.7% to US$143.08 and its RevPAR was up 6.9% to US$102.89.
- 148. Super Bowl 51 to Give Houston Hotels Significant RevPAR Growth
STR has forecast that the hotel industry in Houston will see overall performance growth between 150% and 350% during Super Bowl 51 weekend. For the purposes of its projection, STR noted that each of the last nine Super Bowl host markets experienced year-on-year RevPAR growth of more than 100%, including Houston in 2004 (+384%).
- 149. STR Reports Canada Hotel Pipeline for September 2013
According to the September 2013 STR Pipeline Report, Canadaís hotel development pipeline comprises 200 projects totaling 22,352 rooms. This represents a 6.9% increase in the number of rooms in the total active pipeline compared with September 2012.
- 150. Hotels in Oil and Gas Regions of U.S. Continue to Struggle
According to STRís consulting and analytics division, hotel tracts in the U.S. dependent on the oil and gas industry continue to see weakened demand as a result of low oil prices. In addition, hotel supply in these regions continues to grow at a strong pace. Of STRís 630 U.S. hotel tracts, 39 submarkets are identified as being primarily driven by the oil and gas industry. Of those
- 151. U.S. Hotel Industry: Over 5 Million Rooms in 53,554 Properties
According to data compiled by STR, June 2015 was the first month in history in which the U.S. hotel industry eclipsed 5 million available rooms. STRís latest census shows 5,001,163 rooms in 53,554 properties nationwide. In the 88 months following February of 2008 - the month in which the industry plateaued at 4.5 million rooms - the U.S. census grew by more than 5,600 rooms per mon
- 152. STR Reports Asia Pacific Hotel Pipeline for November 2013
According to the November 2013 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,939 hotels totaling 421,621 rooms. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
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